[Skip to the content](#main) [RateGap](/)every home loan rate lenders publish, compared # CommBank home loan rates CommBank's lowest advertised variable rate for a home you live in and pay down is **6.34%**, if you owe up to 60% of the home’s value. It was read Monday 2 November, and is 0.49 percentage points above the going rate of 5.85% across every lender. Its lowest fixed rate is 6.78%, fixed for one year. Have a loan with CommBank? Compare your rate Loan balance ($) on your statement or in your banking app Your rate (%) not the comparison rate, which adds fees Compare my rate Since the Reserve Bank’s increase on Tuesday 29 September, CommBank has raised its lowest advertised variable rate from 6.09% to 6.34%. The change was first seen Friday 9 October. [After the Reserve Bank’s increase](/market/after-the-rba) has every lender. 75 advertised rates across 16 products, published by CommBank under the Consumer Data Right. Last read Monday 2 November, yesterday. No lender pays to be listed. ## Where it sits 6.34% CommBank, lowest variable rate if you owe up to 60% 5.85% The going rate 0.49 percentage points above the going rate The going rate is **the lowest rate at least three lenders reach**, so one lender's odd price cannot set it. Both are advertised new-customer rates. A negotiated discount is in neither. [Read your own rate against this](/?lender=25233bad-e494-ea11-a831-000d3a8842e1). **Lowest variable rate, if you owe up to 60%**: 6.34% **Lowest fixed rate**: 6.78%, one year **Lowest comparison rate**: 6.36% **Rates published**: 75, across 16 products **Last rate move**: Thursday 8 October **Last read**: Monday 2 November For a home you live in and pay down. The other loan types are in the tables below. Lenders set a different rate for each LVR band, shown as how much you owe. LVR is what you owe as a share of the home's value. ## Owner-occupied, principal and interest ### Variable - Digi Home Loan · owe up to 60% · **6.34%** (6.36% with fees)- Digi Home Loan · owe 60.01–70% · **6.37%** (6.39% with fees)- Digi Home Loan · owe 70.01–80% · **6.39%** (6.41% with fees)- Simple Home Loan · owe up to 60% · **6.59%** (6.73% with fees)- Standard Variable Rate Home Loan · owe up to 60% · **6.59%** (6.97% with fees)- Simple Home Loan · owe 60.01–70% · **6.64%** (6.78% with fees)- Standard Variable Rate Home Loan · owe 60.01–70% · **6.64%** (7.01% with fees)- Simple Home Loan · owe 70.01–80% · **6.74%** (6.88% with fees)- Standard Variable Rate Home Loan · owe 70.01–80% · **6.74%** (7.11% with fees)- Simple Home Loan · owe 80.01–90% · **7.04%** (7.18% with fees)- Standard Variable Rate Home Loan · owe 80.01–90% · **7.04%** (7.41% with fees)- Simple Home Loan · owe 90.01–95% · **7.99%** (8.13% with fees)- Standard Variable Rate Home Loan · owe 90.01–95% · **7.99%** (8.35% with fees) ### Fixed - 1 Year Fixed Rate Home Loan · one year · **6.78%** (8.53% with fees)- 2 Year Fixed Rate Home Loan · two years · **6.82%** (8.38% with fees)- 3 Year Fixed Rate Home Loan · three years · **6.89%** (8.26% with fees)- 4 Year Fixed Rate Home Loan · four years · **6.89%** (8.14% with fees)- 5 Year Fixed Rate Loan · five years · **6.94%** (8.06% with fees) Discounts CommBank publishes beside these prices. Each comes off a product's rate, so none is a rate of its own: - Simple Home Loan: 0.10% off- Standard Variable Rate Home Loan: 0.10% off ## Owner-occupied, interest only 14 rates ### Variable - Digi Home Loan · owe up to 60% · **6.83%** (6.57% with fees)- Digi Home Loan · owe 60.01–70% · **6.86%** (6.60% with fees)- Digi Home Loan · owe 70.01–80% · **6.88%** (6.62% with fees)- Simple Home Loan · owe up to 60% · **7.08%** (6.94% with fees)- Standard Variable Rate Home Loan · owe up to 60% · **7.08%** (7.15% with fees)- Simple Home Loan · owe 60.01–70% · **7.13%** (6.99% with fees)- Standard Variable Rate Home Loan · owe 60.01–70% · **7.13%** (7.20% with fees)- Simple Home Loan · owe 70.01–80% · **7.23%** (7.09% with fees)- Standard Variable Rate Home Loan · owe 70.01–80% · **7.23%** (7.30% with fees) ### Fixed - 1 Year Fixed Rate Home Loan · one year · **6.94%** (8.54% with fees)- 2 Year Fixed Rate Home Loan · two years · **6.96%** (8.40% with fees)- 3 Year Fixed Rate Home Loan · three years · **7.04%** (8.30% with fees)- 4 Year Fixed Rate Home Loan · four years · **7.09%** (8.21% with fees)- 5 Year Fixed Rate Loan · five years · **7.19%** (8.16% with fees) No band here goes above 80% of the property's value. That means CommBank publishes none — not that it will not lend above 80%. Whether it does is not in this data. ## Investment, principal and interest 18 rates ### Variable - Digi Home Loan · owe up to 60% · **6.44%** (6.46% with fees)- Digi Home Loan · owe 60.01–70% · **6.49%** (6.51% with fees)- Digi Home Loan · owe 70.01–80% · **6.54%** (6.56% with fees)- Standard Variable Rate Home Loan · owe up to 60% · **6.79%** (7.16% with fees)- Simple Home Loan · owe up to 60% · **6.79%** (6.92% with fees)- Standard Variable Rate Home Loan · owe 60.1–70% · **6.84%** (7.21% with fees)- Simple Home Loan · owe 60.01–70% · **6.84%** (6.97% with fees)- Standard Variable Rate Home Loan · owe 70.01–80% · **6.94%** (7.31% with fees)- Simple Home Loan · owe 70.01–80% · **6.94%** (7.07% with fees)- Standard Variable Rate Home Loan · owe 80.01–90% · **7.29%** (7.66% with fees)- Simple Home Loan · owe 80.01–90% · **7.29%** (7.42% with fees)- Standard Variable Rate Home Loan · owe 90.01–95% · **8.09%** (8.45% with fees)- Simple Home Loan · owe 90.01–95% · **8.09%** (8.22% with fees) ### Fixed - 1 year Fixed Rate Home Loan · one year · **6.84%** (9.04% with fees)- 2 year Fixed Rate Home Loan · two years · **6.87%** (8.83% with fees)- 3 year Fixed Rate Home Loan · three years · **6.91%** (8.66% with fees)- 4 year Fixed Rate Home Loan · four years · **6.94%** (8.50% with fees)- 5 year Fixed Rate Home Loan · five years · **6.99%** (8.38% with fees) Discounts CommBank publishes beside these prices. Each comes off a product's rate, so none is a rate of its own: - Standard Variable Rate Home Loan: 0.10% off- Simple Home Loan: 0.10% off ## Investment, interest only 16 rates ### Variable - Digi Home Loan · owe up to 60% · **6.70%** (6.57% with fees)- Digi Home Loan · owe 60.01–70% · **6.75%** (6.62% with fees)- Digi Home Loan · owe 70.01–80% · **6.80%** (6.67% with fees)- Standard Variable Rate Home Loan · owe up to 60% · **7.05%** (7.25% with fees)- Simple Home Loan · owe up to 60% · **7.05%** (7.04% with fees)- Standard Variable Rate Home Loan · owe 60.01–70% · **7.10%** (7.30% with fees)- Simple Home Loan · owe 60.01–70% · **7.10%** (7.09% with fees)- Standard Variable Rate Home Loan · owe 70.01–80% · **7.20%** (7.40% with fees)- Simple Home Loan · owe 70.01–80% · **7.20%** (7.19% with fees)- Standard Variable Rate Home Loan · owe 80.01–90% · **7.55%** (7.75% with fees)- Simple Home Loan · owe 80.01–90% · **7.55%** (7.54% with fees) ### Fixed - 1 year Fixed Rate Home Loan · one year · **6.92%** (9.05% with fees)- 2 year Fixed Rate Home Loan · two years · **6.94%** (8.84% with fees)- 3 year Fixed Rate Home Loan · three years · **6.94%** (8.66% with fees)- 4 year Fixed Rate Home Loan · four years · **6.99%** (8.52% with fees)- 5 year Fixed Rate Home Loan · five years · **7.04%** (8.40% with fees) ## What changed CommBank last moved a rate on **Thursday 8 October**. Every rate is read each morning and has come back the same since. [Every lender that publishes rates](/lenders), and [every rate move since capture began](/data/history). ## Beside it Of 93 lenders with a variable rate anyone could take for a home you live in and pay down, 55 publish a lower one than CommBank's 6.34%. The nearest either side: - [Beyond Bank Australia](/lender/beyond-bank-australia) 6.34% - [Central West CUL](/lender/central-west-cul) 6.34% - CommBank 6.34% - [Connective Select](/lender/connective-select) 6.34% - [UBank](/lender/ubank) 6.34% CommBank is a Commonwealth Bank brand. The group's other brand with a page here: [Bankwest](/lender/bankwest). Each publishes its own rates. **Does this look wrong? or could it be better** Two different things go wrong here and they are fixed in different places. If a rate on this page does not match what CommBank told you, it is usually one of these. ### The published data is wrong CommBank publishes these rates itself, under the Consumer Data Right. Nobody here types them in and nothing here can correct them at the source. If the feed is wrong, every comparison site reading it is wrong in the same way. Reports about a data holder's feed go to the Consumer Data Right, and published-data quality is on the ACCC's enforcement list. Everything identifying the feed is filled in below. The one part left is what you saw. ``` Consumer Data Right — Product Reference Data quality Data holder brand: CommBank ABN: 48123123124 Product Reference Data endpoint: https://api.commbank.com.au/public Data read from that endpoint on: Sunday 1 November Rate lines published at that time: 75 What appears to be wrong: [describe what you checked, and what the published data says] This data is published under the Product Reference Data standard and is available publicly, without authentication or a consumer consent. ``` Copy the report [Open the report form in a new tab ↗](https://forms.oaic.gov.au/forms/report) The form is run by the Consumer Data Right, not by this site. Nothing you type here is sent anywhere — the text above is yours to copy. ### This page reads it wrongly The rate is published correctly and this page has misread it. A band shown against the wrong loan type, a fee counted twice, a product that should be marked restricted and is not: that one is mine. [Tell me and I will fix it](/#fb), and say which lender so I can find the row. ### Something is missing A figure this page should show and does not, or a lender that should be here and is not. [Tell me through the feedback box](/#fb). The data behind every page here is [free to download](/data) if you would rather check it yourself first. The other questions - [Are you paying more than you need to?](/) your rate against every lender publishing one- [How fast should you pay it off?](/paying-it-off) term, extra repayments, interest only- [Don't have a loan yet?](/buying) what to look at before you pick one- [What does each lender advertise?](/lenders) every lender that publishes rates, a page each- [What moved this week?](/market/changes-this-week) which lenders changed an advertised rate- [Where do these numbers come from?](/data) every published rate, and how fresh it is **Free, and not advice.** It knows only what the lender publishes, not what you could negotiate. A licensed broker does this for a living. [Who made this](/about). [What this site collects](/privacy). **More from the data** Building something with this? There is [an API](/api), and [the data is free](/data). This morning: [the market](/market), [variable rates](/market/variable-rates), [fixed rates](/market/fixed-rates) and [what moved this week](/market/changes-this-week). Found in the data: [what lenders charge above 80%](/research/lvr-bands), [the rate a fixed loan rolls onto](/research/revert-rates) and [what a comparison rate adds](/research/comparison-rates). Also [what an offset costs](/research/offset-accounts), and [what investors pay on top](/research/investor-premium).